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Sep 27, 2012
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candidates promise they will not increase taxes on the poor and middle class but will make a dent in the deficit. this evening we look at romney's plan which has been called mathematically by one group and the president and his campaign have been all over it. chief national correspondent jim angle gets out his calculator tonight. >> mitt romney's budget plan will hurt the middle class. raising taxes on the average family by up to $2,000. getting a tax break, $250,000 to multimillionaires. >> one might think from this obama ad governor romney is specifically proposing to raise middle class taxes by $2,000. but that's not true. in fact, he penaled just the opposite prompting one romney advisor to blast the notion. >> that is the biggest political lie i have ever seen in my academic career. it's not romney's plan to do that. there is nothing to suggest he would do that. pure fiction. >> $1.2 trillion in tax deductions are claimed every year. everything from home mortgage interest to hundreds of millions and more arcane deductions. romney pledged to lower taxes by 20% for everyone. keep it revenue n
candidates promise they will not increase taxes on the poor and middle class but will make a dent in the deficit. this evening we look at romney's plan which has been called mathematically by one group and the president and his campaign have been all over it. chief national correspondent jim angle gets out his calculator tonight. >> mitt romney's budget plan will hurt the middle class. raising taxes on the average family by up to $2,000. getting a tax break, $250,000 to multimillionaires....
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Sep 27, 2012
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if you want to talk about closing the debt, the deficit. allow fracking. frac away. by the way, there is nothing, never has been any proof of disease or anything -- >> greg: they tried it with breast cancer -- >> bob: i wasn't supposed to talk about the disease part. andrea made a good point. marellus shale runs from ohio, to upper new york state. our friend denny harton you met. friend from west virginia. he convinced me how safe fracking was. it's an important point. if you drive buss with natural gas, it seems you can drive anything with natural gas, right? >> bob: he told me we didn't have the infrastructure to carry natural gas. why not invest in infrastructure to carry natural gas? not have so much dependency on foreign oil. >> kimberly: welcome to the conservative party, bob beckel. >> andrea: can you spread that in your party >> eric: >> bob: when you have that much of an energy resource and you know it runs things, the only problem, of course, is that -- well, anyway. >> greg: k.g. -- >> kimberly: i'm for fracking all the way and anything that gives us energ
if you want to talk about closing the debt, the deficit. allow fracking. frac away. by the way, there is nothing, never has been any proof of disease or anything -- >> greg: they tried it with breast cancer -- >> bob: i wasn't supposed to talk about the disease part. andrea made a good point. marellus shale runs from ohio, to upper new york state. our friend denny harton you met. friend from west virginia. he convinced me how safe fracking was. it's an important point. if you drive...
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Sep 28, 2012
09/12
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going on the deficit. >> yes 10 trillion . i don't know how we are going to pay for this . inheritance and his successor is going it inherit a problem. >> gretchen: this is before obama care? >> thos a great point. we had massive stimulus and everything and category of spending going up yet, the big bills of obama care comes later and hasn't showed up yet. and even the democrats who run the congressional budget office said that will cost 1.7 tril yen if a decade. >> gretchen: coming up next. tragedy trikes in hollywood. katie perry exboyfriend now dead after murdering his land lady and dying misterously. >> writing a letter and you will not believe what got him in return. ♪ note ♪ i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. boproductivity up, costs down, thtime to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory
going on the deficit. >> yes 10 trillion . i don't know how we are going to pay for this . inheritance and his successor is going it inherit a problem. >> gretchen: this is before obama care? >> thos a great point. we had massive stimulus and everything and category of spending going up yet, the big bills of obama care comes later and hasn't showed up yet. and even the democrats who run the congressional budget office said that will cost 1.7 tril yen if a decade. >>...
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Oct 3, 2012
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by roughing up romney on the idea he will hurt the middle class. >> he says he will cut the deficit, please. he wants $2 trillion in new defense spending that the pentagon didn't ask for. $5 trillion tax cut, future of the wealthy. >> reporter: the claim is complicated by the way biden framed the argument. >> how they can justify raising taxes in the middle class has been buried the last four years. how in lord's name can they justify raising their taxes? >> obama officials today insisted that was not a gaffe, biden clarified. >> the middle class was buried by the policies of romney and ryan supported. >> republicans like rubio are off to the races. >> those happen to be the words that the distinguished vice president of the united states mr. joe biden. no, don't boo. he is the best thing we've got going, guys. >> reporter: now denver has always been big for this president. in 2008 is where he launched the hope and change in front of the great columns of the democratic convention. 2009. this is where he signed the stimulus in law. tonight, he puts it all on the line trying to make hi
by roughing up romney on the idea he will hurt the middle class. >> he says he will cut the deficit, please. he wants $2 trillion in new defense spending that the pentagon didn't ask for. $5 trillion tax cut, future of the wealthy. >> reporter: the claim is complicated by the way biden framed the argument. >> how they can justify raising taxes in the middle class has been buried the last four years. how in lord's name can they justify raising their taxes? >> obama...
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Sep 29, 2012
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problem as he did when he solved the problems of the olympics and came into massachusetts and turned deficits into surpluses, and that he actually is committed to doing this, and that he will do it because he has a record of fulfilling the commitments he makes to solve problems. i think that's what -- what he will try and convey. >> let's talk about libya for a moment. you've gone on the recording saying ambassador stevens suffered the consequences, in your words, of a lazy, detached president. that's tough criticism out there. >> that's right. >> why do you stand by that? >> well, look, what we have is a situation all over the middle east, and you showed some clips of what's happening in pakistan. we have -- we have taken a difficult situation and turned it into a disaster, because we have a president that thought he was somehow going to charm that part of the world into loving america. what he's done is increased the antagonism toward america there by having a failed foreign policy. and harry truman used to say, "the buck stops here" talking about the presidency. and the buck should stop at
problem as he did when he solved the problems of the olympics and came into massachusetts and turned deficits into surpluses, and that he actually is committed to doing this, and that he will do it because he has a record of fulfilling the commitments he makes to solve problems. i think that's what -- what he will try and convey. >> let's talk about libya for a moment. you've gone on the recording saying ambassador stevens suffered the consequences, in your words, of a lazy, detached...
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Oct 2, 2012
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sadly to me is the fact that the president goes on tv the other day and says, well, the debt and the deficit in the country, now, that's a problem in the long term, but it's not a short-term problem. the truth the average american understands the truth. the american government can't spend itself rich just like the american family want spend itself rich. if just the debt is a long-term problem, if you wait till the long term, the kinds of changes you'll have to make, the kind of cuts, the kind of cracking-down are unbelievable by the standards that if we deal with this today it is not that big a deal. >> greta: governor, they're not even working on it. i mean, nothing is being done by anybody to work on it. absolutely zero. >> in all fairness, nothing has been done by barack obama. i mean, barack obama hasn't introduced a budget in three years that a democrat would vote for, but paul ryan has. >> greta: if i were a republican right now, i'd be here in washington, saying where's the president? >> but paul ryan has produced budgets, and the democrats say these terrible draconian budgets -- unde
sadly to me is the fact that the president goes on tv the other day and says, well, the debt and the deficit in the country, now, that's a problem in the long term, but it's not a short-term problem. the truth the average american understands the truth. the american government can't spend itself rich just like the american family want spend itself rich. if just the debt is a long-term problem, if you wait till the long term, the kinds of changes you'll have to make, the kind of cuts, the kind...
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Sep 27, 2012
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that is getting to the deficit. if you cut back in too much in taxes the deficit will not get touched. he's trying to get the independents. and they said the crowd was overwhelming close to 4,000 >> steve: we would like you to e-mail us. do you think what the gop polster thinks there is it a media polling bias to stack the deck for the democrats or it is it. new york times cbs poll had mr. obama up by 10 points and local paper. columbus dispatch had him up by 5. and there in ohio. what does the governor think ohiians need from mr. romney? >> i think what romney needs to do. does he understand their problems. when he's out there he touches them. he has to touch as many people as he can and he has to keep coming back. he has to talk about policies and not people. it is it about lower tax less government and economic growth that landlords to jobs. only thing that matters is yobs and who ever can tell them in a swing state. i know how to create them and i will help your family and your kids are going back to work and th
that is getting to the deficit. if you cut back in too much in taxes the deficit will not get touched. he's trying to get the independents. and they said the crowd was overwhelming close to 4,000 >> steve: we would like you to e-mail us. do you think what the gop polster thinks there is it a media polling bias to stack the deck for the democrats or it is it. new york times cbs poll had mr. obama up by 10 points and local paper. columbus dispatch had him up by 5. and there in ohio. what...
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Sep 30, 2012
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vice president joe biden campaigning in swing state florida blaming the deficit on the previous administration. the republican vice presidential candidate paul ryan in ohio tonight. we showed you you live on fox report ryan a hunting enthusiast telling voters he and governor romney would work to prevent any more restrictions on hunting and gun ownership among other things and also talked a lot about the economy. capitol hill put a hold on nearly a half billion dollars in aid for egypt. it follows recent antiamerican turmoil across the middle east including storming our embassy in cairo on september 11th. the obama administration promised egypt emergency money but the head of the subcommittee which oversees foreign aid said she is convinced egypt does not neat it now. i'm harris faulkner. now, back to "justice." >>> there is only one way to peacefully prevent iran from getting atomic bombs. and that is by placing a clear red line on iran's nuclear weapons program. >> judge jeanine: prime minister netanyahu this week with a stern warning to prevent iran from getting a nuclear bomb. the white hou
vice president joe biden campaigning in swing state florida blaming the deficit on the previous administration. the republican vice presidential candidate paul ryan in ohio tonight. we showed you you live on fox report ryan a hunting enthusiast telling voters he and governor romney would work to prevent any more restrictions on hunting and gun ownership among other things and also talked a lot about the economy. capitol hill put a hold on nearly a half billion dollars in aid for egypt. it...
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Sep 26, 2012
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over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a fat guy tweaking. >> do we even know what kind of dog? >> dana: i don't really -- >> eric: talk walking down the street -- >> greg: who speaks for eaten dog. >> bob: good example of -- do go ahead. >> eric: to give you an example. okay. so -- [over talking ] under president obama whic thiss what we have gotten. $100, economic activity. it cost us $3 trillion. $300 in debt. but to get $300 in debt, you have to spend $700. you have to spend $700 to get the $100 economic activity under president obama. >> kimberly: don't give that to bob. >> eric: give me a
over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a...
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Oct 3, 2012
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and the deficit, is what we are already owe, what we owe. i don't know. >> they will talk about the fiscal cliff. do you know what that actually is? >> i do not of the have no include about that. >> i am from washington and have no clue. >> reporter: what about medicare and medicaid? >> my parents do my health insurance. i know about abortion and gay marriage. >> less about details and policy but more what the kind of person a presidential candidate is. >> reporter: he says debates are often about impressions, not words. they remember gore's sighing and awkward body language and impatient george bush checking his watch. >> who am i? why am i here. >> reporter: and one-liners. >> jack kennedy was a friend of mind. senator, you're no jack kennedy. >> i'm not going to exploit for political purposes, my opponent's youth and inexperience [laughing] >> people translated statements and gestures into insight into a candidate's character. it's all about character. >> reporter: now it is not that voters value style over substance but remember some of
and the deficit, is what we are already owe, what we owe. i don't know. >> they will talk about the fiscal cliff. do you know what that actually is? >> i do not of the have no include about that. >> i am from washington and have no clue. >> reporter: what about medicare and medicaid? >> my parents do my health insurance. i know about abortion and gay marriage. >> less about details and policy but more what the kind of person a presidential candidate is....
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that's not a flat out cut in the debt or deficit. that is a slowing in the rate of growth in the rate of deficit and those cuts come many years down the road. >> brian: thank you, stewart we'll watch you at 9:30. >> gretchen: crying babies on a plane. one airline came up with a solution. >> brian: president obama pulled ahead but larry sabido who correctly predicted the electionn said that is not going to last long in virginia. ♪ i'm yours . ♪ ♪ here i am, baby. how can you get back pain relief that lasts up to 16 hours? with thermacare heatwraps. thermacare works differently. it's the only wrap with patented heat cells that penetrate deep to relax, soothe, and unlock tight muscles. for up to 16 hours of relief, try thermacare. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! >> brn: california is the third straight t
that's not a flat out cut in the debt or deficit. that is a slowing in the rate of growth in the rate of deficit and those cuts come many years down the road. >> brian: thank you, stewart we'll watch you at 9:30. >> gretchen: crying babies on a plane. one airline came up with a solution. >> brian: president obama pulled ahead but larry sabido who correctly predicted the electionn said that is not going to last long in virginia. ♪ i'm yours . ♪ ♪ here i am, baby. how can...
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. >> another vulnerability for the president may be the deficit. he promised to cut it in half by the end of his term but it's now topped $1 trillion for four straight years. the "new york times" cbs news poll found in ohio, romney has a slim four-point lead on the deficit. today, the "washington post" fact checkers gave the president four pinocchios for claiming on cbs' "60 minutes" 90% of the boost in deficit came from leftover bush policies. >> we took emergency actions. that accounts for 10% of this increase in the deficit. >> now the economy is front and center one week from tonight at the first presidential debate. two days later the president gets a september jobs report. interesting a moment ago he told the crowd he wants to export more jobs. quickly correcting himself and said he wants to export more products and joked i was channeling my opponent there. bret? >> bret: standing next to carl are you? it looks like carl's backdrop. ed henry -- >> very similar. >> bret: thank you very much. now to the international news. close circuit video o
. >> another vulnerability for the president may be the deficit. he promised to cut it in half by the end of his term but it's now topped $1 trillion for four straight years. the "new york times" cbs news poll found in ohio, romney has a slim four-point lead on the deficit. today, the "washington post" fact checkers gave the president four pinocchios for claiming on cbs' "60 minutes" 90% of the boost in deficit came from leftover bush policies. >> we...
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it does not do anything if the deficit we have had. you give the bigger growth to the federal government. we have to have policies that provide the certainty to the private sector, the policies that enable them to grow. again, this is not saying we don't need any regulation but we need to have smart regulations. in california dairy year 2011, 71,000 pages of new regulations were institutessed. the people in the coal industry, when you look at what has happened to them when we could not get cap and trade moved through they are getting decimated. we have to have a vision like ronald reagan said, talking about a new dawn for this american economy. >>neil: congressman, you are among those who were brought in, in the republican avalanche that brought in 83 republicans and that tipped the house of representatives to the republicans and made john boehner speaker. you are in a race if your life with an ad everyone is talking about. the fact of the matter is, republicans seem to not have quite that same wind behind their back. they might get it
it does not do anything if the deficit we have had. you give the bigger growth to the federal government. we have to have policies that provide the certainty to the private sector, the policies that enable them to grow. again, this is not saying we don't need any regulation but we need to have smart regulations. in california dairy year 2011, 71,000 pages of new regulations were institutessed. the people in the coal industry, when you look at what has happened to them when we could not get cap...
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Sep 25, 2012
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but we added $5 trillion in new debt to the deficit. for every dollar we spent $3.5 or $4. of debt. the average spending is $7.5. we are borrowing $4. for every buck we spend. the solution, perfect -- for every dollar we are spending $7.5 bucks. >> bob: $5.5 is on taxes democrat is bad math. >> dana: today, david axelrod said president obama doesn't need a plan for that. >> bob: it's a mistake to say that, to say you don't have a plan. >> dana: there are four mistakes in the "a" block from the obama campaign just now. we can say why do they do it that way? >> bob: oh, this one. sorry. >> kimberly: the interview, we don't have time to show the thought of it. but the biggest disappointment depends on the audience. if it's univision, it's immigration. if it's "60 minutes" it's i can't change the tone in washington. but this just in. first picture of president obama and mrs. obama in the taping of "the view" today. you got to love that. >> bob: nice picture. >> kimberly: coming up. did they have ambassador stevens on the hit list before he was killed in libya? the ambassador thought so.
but we added $5 trillion in new debt to the deficit. for every dollar we spent $3.5 or $4. of debt. the average spending is $7.5. we are borrowing $4. for every buck we spend. the solution, perfect -- for every dollar we are spending $7.5 bucks. >> bob: $5.5 is on taxes democrat is bad math. >> dana: today, david axelrod said president obama doesn't need a plan for that. >> bob: it's a mistake to say that, to say you don't have a plan. >> dana: there are four mistakes in...
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Oct 2, 2012
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it seems do-able on paper, but, remember, a a lot of daylight on deficit reduction between republicans and democrats such as would gets the tax cuts and what and how federal government should be cut. those are and will be pitched battles on capitol hill. >>neil: ahead the debate, we will just say our denver fans are out in force. they must have known i would be wearing body paint. they heard that neil cavuto is coming to town and boy do we have great debate coverage planned for them and all of you at 4:00 p.m. eastern. in florida, republican congressman west has been making news and we have former governor wilder, and former governor giuliani and former debt commission co-chair, alan simpson and sarah palin joining us, home depot founder, the democratic mayor of los angeles, as well. watch us. you can tivo bret baier. he is okay with it. the guy is a saint. a saint. anyway, bucking china in the buckeye state. telling companies to lay off the lay off notices five weeks ahead of the election. do you notice a pattern here? we do. you report. you decide. the world needs a broader mix of en
it seems do-able on paper, but, remember, a a lot of daylight on deficit reduction between republicans and democrats such as would gets the tax cuts and what and how federal government should be cut. those are and will be pitched battles on capitol hill. >>neil: ahead the debate, we will just say our denver fans are out in force. they must have known i would be wearing body paint. they heard that neil cavuto is coming to town and boy do we have great debate coverage planned for them and...
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Sep 30, 2012
09/12
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the fed is actually reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of previous quantitative easing, so it's the opposite of spending your tax dollars. the fed a legally independent and ran by a guy originally appointed by george w. bush. this is just so completely over the top that we decided to do a piece on that particular email. pretty much, these messages to true believers have to exceed what we have already the bonds before we pay attention to them. we are out of time. thank you all for your attention. thank you for your questions. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> monday, a citizen's guide to the 2012 presidential debate from the national communications association panel looking at the hours of the debates coming up next month. live coverage begins at 1:00 p.m. eastern on c-span. >> you established a third party. you ran twice. you established -- what was the name of it? united we stand? the reform party. do you feel that is nee
the fed is actually reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of previous quantitative easing, so it's the opposite of spending your tax dollars. the fed a legally independent and ran by a guy originally appointed by george w. bush. this is just so completely over the top that we decided to do a piece on that particular email. pretty much, these messages to true believers have to exceed what we have already the bonds before we pay...
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Oct 1, 2012
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who knows, it might help make inroads with that 9% deficit romney is facing against the president in the latest ohio poll. then again, there may not be enough time to do enough shots with enough intoxicated fans before voting starts in ohio tomorrow. so if his running mate is no use, how about a boost from the other person mitt's proposed to, his wife, ann. surely she can provide the comfort and confidence that mr. romney needs to fire up his bid for the presidency. >> my biggest concern obviously would just be for the -- his mental well-being. >> wait? what? mrs. romney, that's not helping. you better finish the thought. >> i have all the confidence in the world in his ability, in his decisiveness, in his leadership skills, in his understanding of the economy, in his understanding of what's missing right now in the economy, you know, the pieces that are missing to get this jump started. so for me i think it would be the emotional part of it. >> right. he's capable, decisive, and emotionally troubled? well, that is an october surprise. let's get right to our panel this afternoon. wit
who knows, it might help make inroads with that 9% deficit romney is facing against the president in the latest ohio poll. then again, there may not be enough time to do enough shots with enough intoxicated fans before voting starts in ohio tomorrow. so if his running mate is no use, how about a boost from the other person mitt's proposed to, his wife, ann. surely she can provide the comfort and confidence that mr. romney needs to fire up his bid for the presidency. >> my biggest concern...
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milpitas has a $9 million budget deficit. however, the santa clara county sheriff's office just pulled out of the bidding to take over the city's law enforcement. so the milpitas city council will let the public vote on whether thety should outsource police service -- police -- whether the police should out source police service. >>> highway 4 is back open after a messy accident last night around 10:30 a dark car hit the center divide and slammed into a white suv. the driver of the suv suffered injuries but his wife says the situation could have been a lot was -- a lot worse. >> somebody was -- the air bags did save his lives. >> the other driver was arrested on suspicion of driving under the influence. >>> also on highway 4, antioch police are looking for someone who has been throwing objects from an overpass. three vehicles including an ambulance have been damaged since thursday. one driver suffered injuries. all three incidents happened near g street. anyone with information is asked to call local police. >>> 8:34. a vigil
milpitas has a $9 million budget deficit. however, the santa clara county sheriff's office just pulled out of the bidding to take over the city's law enforcement. so the milpitas city council will let the public vote on whether thety should outsource police service -- police -- whether the police should out source police service. >>> highway 4 is back open after a messy accident last night around 10:30 a dark car hit the center divide and slammed into a white suv. the driver of the suv...
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Sep 29, 2012
09/12
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i know we have a tough time with our deficit, with the budget, but people are so important, and every up with of these people who is safe, right now, only a 1-100 chance that a victim of human traffic willing be saved. when you meet that person, you meet that survivor, and survivors they, they are incredible. but you look into their eyes and you understand person to person viceraly, what they have gone through, being treated lower than an animal and see the bravery, the courage, the fort t fortitude to help others. and they are so altruistic. i was at the table with the survivors when president obama gave the shoutout. they were blown away and everybody gave him a standing ovation. a very big day for them. they influenced his speech. >> those numbers sure do not add up. thank you for taking the time to share more information about this with us and our viewers. >> thank you. >> to learn more, go to our blog, cnn.com/outfront. >>> you thought the fight over unions was over in michigan, it's kind of quiet. you are dead wrong. [ male announcer ] citi turns 200 this year. in that time ther
i know we have a tough time with our deficit, with the budget, but people are so important, and every up with of these people who is safe, right now, only a 1-100 chance that a victim of human traffic willing be saved. when you meet that person, you meet that survivor, and survivors they, they are incredible. but you look into their eyes and you understand person to person viceraly, what they have gone through, being treated lower than an animal and see the bravery, the courage, the fort t...
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Sep 28, 2012
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they have a budge big deficit wh women, and they're trying to close it. >> greta: rick? >> no subtly in terms of the campaign messaging. i go one step further, i think that was midwestern accents i heard. >> greta: either from illinois or wisconsin. >> we really like you if you live in wisconsin or ohio or illinois. they need to be doing better among women. republicans almost always lose women in republican conventions. can't lose it as badly as they are right now to barack obama. >> when you look at the money spent on this ad, they're spending $10 million on this push, and much of it is going to those exact midwestern states, wisconsin, ohio and iowa, the states that romney needs to kind of gain ground on. >> wisconsin really opens up possibilities. without wisconsin, it's looking very hard, particularly the way things are looking in ohio, so many other swing states. if he can get florida or wisconsin, he has a path. >> greta: those were nice ads. no one is said to be a rot and horrible person, a thief or crook. it was a nice ad. >> that's the point. the country hasn't
they have a budge big deficit wh women, and they're trying to close it. >> greta: rick? >> no subtly in terms of the campaign messaging. i go one step further, i think that was midwestern accents i heard. >> greta: either from illinois or wisconsin. >> we really like you if you live in wisconsin or ohio or illinois. they need to be doing better among women. republicans almost always lose women in republican conventions. can't lose it as badly as they are right now to...
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Oct 2, 2012
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the obama budget has been scored by the cbo and has a 2.4% deficit-reduction in the next 10 years. you can argue over what you think that is enough in not to stabilize the debt to gdp ratio but conversely, i'm not actually sure i would want to see ronnie detail all of the tax expenditure changes he says he will come up with. the problem, of course, is betting campaign, if people -- is tt in campaigns, if people start putting out more detailed proposals, demobilize the opposition. this is kind of like the 1993 securities commission. the two parties can hold hands and they do not start out being a brahney proposal or an obama proposal or a republican proposal or a democrat proposal. i am interested in what is in the debates in the next four weeks -- i am less interested in what is in the debates in the next four weeks and then what the vendor does in the weeks after the election. >> why would you like to hear -- what would you like to hear obama say in the weeks after the election? >> we are not going to have a deal that does not have revenues and spending. the biggest obstacle is on
the obama budget has been scored by the cbo and has a 2.4% deficit-reduction in the next 10 years. you can argue over what you think that is enough in not to stabilize the debt to gdp ratio but conversely, i'm not actually sure i would want to see ronnie detail all of the tax expenditure changes he says he will come up with. the problem, of course, is betting campaign, if people -- is tt in campaigns, if people start putting out more detailed proposals, demobilize the opposition. this is kind...
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Sep 29, 2012
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ten years ago we had a $1 billion trade deficit with china bilateral. today it's $10 billion and that's not -- that's not based on chinese efficiency and productivity, it's based on a whole lot of subsidies in other ways which the obama administration has figured out. the reason it won't be a trade war is that the fears that sort of the outsourcers always try to stoke in the american public and among the media and certainly in congress is that we are such a huge market for china. something like more than 1/4 of chinese exports come to the united states. if you have a customer that's unhappy with you and that customer buys 20 or 30 or 40% of your products, you're not just going to turn your back, you're going to work with them. and the chinese work with us when we actually stand up to them on these issues. president clinton did it with intellectual property from time to time and the chinese would respond. there would be histrionics, they'd scream and yell and then they'd change their behavior a little bit. the same with these issues when we've enforced t
ten years ago we had a $1 billion trade deficit with china bilateral. today it's $10 billion and that's not -- that's not based on chinese efficiency and productivity, it's based on a whole lot of subsidies in other ways which the obama administration has figured out. the reason it won't be a trade war is that the fears that sort of the outsourcers always try to stoke in the american public and among the media and certainly in congress is that we are such a huge market for china. something like...
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Sep 28, 2012
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sides of the deficit equation. also revenue, by closing some of these loopholes and tax breaks. >> [indiscernible] >> [inaudible] >> i was disappointed that the super committee was not able to get this job done. the impedimenta and then, as it continues to be now, this absolute refusal on the part of republicans in the house to agree to any component as part of the deficit reduction deal. they refused ask the wealthiest americans to contribute one penny more to reducing the deficit. the more time goes on, the more their position becomes not only on justifiable but unsustainable. -- unjustifiable but unsustainable. as we get closer to the edge of the cliff, it will become clear to the american people that what they are willing to go over the cliff, allow middle-class taxpayers to go over the cliff unless they get tax relief for people mitt romney. their position is becoming clear to the american people and untenable. >> let me add to that. a year ago, the republicans held hostage raising the debt ceiling which would
sides of the deficit equation. also revenue, by closing some of these loopholes and tax breaks. >> [indiscernible] >> [inaudible] >> i was disappointed that the super committee was not able to get this job done. the impedimenta and then, as it continues to be now, this absolute refusal on the part of republicans in the house to agree to any component as part of the deficit reduction deal. they refused ask the wealthiest americans to contribute one penny more to reducing the...
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Sep 28, 2012
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it used to be obama was suffering a big deficit next to romney with that. since several weeks ago, probably tied to the conntion, those numbers have turned and brand with respect to the economy has become more popular than the republican brand. >> mourdock who has been a hardliner, he's been trying to embrace the moderate positions claiming he's more open to compromise, claiming he will protect social security and medicare. but this is not the same mourdock whoefd ar r hema. are richard lugar and others paying their price for the extremism? >> i would add to what sam said, part of the aftermath of 47%-gate. it's tough to make the argument you're best on the eco wn you think you should only be working for half of the people on the economy, right? that's how the comments were perceived. to your estion, ed, i want to ad this is not just having a ickle-do effect to other tees the only shot we have at electing a new woman governor is actually -- >> it's ticket-wide, no question. >> who shouldn't be in a neck and neck race, but is, because of what's going on nati
it used to be obama was suffering a big deficit next to romney with that. since several weeks ago, probably tied to the conntion, those numbers have turned and brand with respect to the economy has become more popular than the republican brand. >> mourdock who has been a hardliner, he's been trying to embrace the moderate positions claiming he's more open to compromise, claiming he will protect social security and medicare. but this is not the same mourdock whoefd ar r hema. are richard...
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Oct 1, 2012
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he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war. that's a mistake. and so i think we need to cut trillions of dollars in order to get our budget balanced. and you could start with cutting two or three or 4% almost across the board some of the things that other governors have done, by i think you target it in those areas where the spending has not produced tangible results in the quality of life for the people. i can just tell you, andrea, i did it in virginia, governors like christie and scott and kasic and walker have done it in all of their states, mitt romney did it when he was governor of massachusetts, $3.5 billion defic
he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war....